About Global Surfaces Limited IPO:
The Global Surfaces IPO will go public on March 13 and will close on March 15. Global Surfaces IPO will raise approximately 155 crores through an IPO that will include a fresh issue of 8,520,000 equity shares and an offer for sale of up to 2,550,000 equity shares of 10 each. The retail quota is 35%, the QIB quota is 50%, and the HNI quota is 15%.
Global Surfaces Limited, founded in 1991, is a company that processes natural stones and manufactures engineered quartz. Natural stones are quarried from the earth and formed by complex geological processes. They include granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others.
The company operates two facilities: one at RIICO Industrial Area, Bagru Extn, Bagru, Jaipur, Rajasthan, and the other at Mahindra World City SEZ, Jaipur, Rajasthan. Both units are involved in product processing and manufacturing.
Global Surfaces Limited’s products are used in flooring, wall cladding, countertops, cut-to-size, and other applications. The products are widely used in the commercial and residential industries, and they are sold both within and outside of India.
Global Surfaces Limited Financial Report:
Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)
| PARTICULAR | Mar-19 | Mar-20 | Mar-21 | Mar-22 |
| Net Sales | 136.01 | 162.66 | 174.89 | 189.37 |
| Total Expenditure | 104.24 | 122.71 | 128.02 | 148.36 |
| Operating Profit | 31.77 | 39.95 | 46.87 | 41.01 |
| Other Income | 1.35 | 3.12 | 3.82 | 8.57 |
| Interest | 5.84 | 5.2 | 3.41 | 2.95 |
| Depreciation | 12.02 | 16.86 | 13.01 | 10.78 |
| Exceptional Items | 0 | 0 | 0 | 0 |
| Profit Before Tax | 15.27 | 21.01 | 34.27 | 35.86 |
| Provision for Tax | 2.1 | -1.74 | 0.54 | 0.4 |
| Net Profit | 13.17 | 22.75 | 33.73 | 35.46 |
| Adjusted EPS (Rs.) | 0.39 | 0.67 | 1 | 1.05 |
Global Surfaces Limited IPO Date, Listing Date:
| IPO Open Date: | 13 March 2023 |
| IPO Close Date: | 15 March 2023 |
| IPO Listing Date: | 23 March 2023 |
Global Surfaces Limited IPO Face Value, Allotment Date:
| IPO Allotment Date: | 20 March 2023 |
| Initiation of Refunds: | 21 March 2023 |
| Face Value: | ₹10 per share |
Global Surfaces Limited IPO Price Band, Market Lot, Issue Size:
| Issue Size: | ₹154.98 Cr |
| Price Band: | ₹133 to ₹140 per share |
| Market Lot: | 100 Shares |
Global Surfaces Limited IPO Promoter Holding:
| Pre-Issue Share Holding: | 99.35% |
| Post Issue Share Holding: |
Global Surfaces Limited Company Contact Information:
Global Surfaces Limited
Plot No. PA-10-006,
Engineering and Related Industries SEZ,
Mahindra World City, Sanganer Jaipur – 302 037
Phone: 0141-7191000
Email: info@globalsurfaces.in
Website: http://www.globalsurfaces.in/
Global Surfaces Limited IPO FAQs:
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What is Global Surfaces Limited IPO?
Global Surfaces Limited IPO is a main-board IPO of 11,070,000 equity shares of a face value of ₹10 aggregating up to ₹154.98 Crores. The cost of the offering ranges from ₹133 to ₹140 per share. The minimum order quantity is 100 Shares.
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When Global Surfaces Limited IPO will open?
The IPO will be available to QIB, NII, and retail investors starting on March 13, 2023.
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What is the Price Band of the Global Surfaces Limited IPO?
The IPO’s price range is ₹133 to ₹140 per share
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What is the lot size of Global Surfaces Limited IPO?
100 Shares is the minimum order quantity for Global Surfaces Limited IPO
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How to apply for Global Surfaces Limited IPO?
You can use your bank account to apply for the Global Surfaces Limited IPO online through ASBA. You can also use your stock brokerage to submit an online ASBA application via UPI. You can apply by completing the offline form and submitting it through your stock brokers.
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What is the Global Surfaces Limited IPO Allotment Date?
Global Surfaces Limited IPO allotment date is March 20, 2023.
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What is the Global Surfaces Limited IPO Listing Date?
The IPO listing date for Global Surfaces Limited is March 23, 2023. Both the BSE and NSE will list the IPO.